Executive Poverty Experience and Corporate Social Responsibility Performance——An Empirical Study Based on Shanghai and Shenzhen Listed Companies

Abstract

In recent years, with the rapid development of China's economy, various environmental pollution, cottage food and consumer discrimination have caused frequent social responsibility problems, which have caused extremely bad effects on society and brought about the sustainable operation of China's economy. Case studies and theoretical studies have shown that the early experience of executives in the core leadership of the enterprise can have an impact on corporate decision-making. Taking 2012-2015 Shanghai and Shenzhen Listed companies as the research object, this paper studies the impact of executive poverty experience on the performance of corporate social responsibility. The results show that: executive poverty experience is positively correlated with performance of corporate social responsibility, the higher the poverty experience, the better corporate social responsibility is. Compared with state-owned enterprises, executive poverty experience has more influence on the performance of social responsibility of non-state-owned enterprises. This paper studies the motivation of corporate social responsibility from the new perspective, which is helpful to further grasp the influencing factors of corporate social responsibility and enrich the theoretical system of corporate social responsibility.